Over the years, the UAE has witnessed a consistent flow of qualified professionals in the labor market. Hence, the market demand for properties for rent in Dubai is on the rise, and the market is also facing the challenge of supply and demand imbalance.

The number of offers in the rental market is huge, and there are several similar variants, starting with a low price and ending with expensive options. However, this much money can be saved if a little investigation is made before purchasing items that are seen as vividly irresistible.

Here are some insightful tips for tenants to save money in Dubai.

How can you save money in Dubai as a tenant?

Managing tenant’s budgets is something tricky. Regarding rent prices, one must be careful since the cost of living in the United Arab Emirates is rather high. Further, it is important to be aware of your rights so that you cannot be duped into making the maintenance fee payment.

So here is some useful advice on how to save on rent and reduce rent expenses in your household.

Off-Season Hunting

Rental demands in the Dubai property market rose and were observed from November to March. The city also has many events for people and many activities which attract visitors from different parts of the world.

All the property owners especially those who own apartments are urged to invest in short-term rental due to the increased flow of tourists. What follows eventually is that rent is raised. At the same time, there is a possibility that for those clients who plan to rent villas or apartments corresponding to the territory of Dubai, it will be challenging to find an affordable home. Besides, this will help you look for a rental during the off-peak season and, therefore, avoid being charged more than you should.

Tenants also get to know the average rent in a particular location by opting to use the RERA rent calculator. It will help you to arrive at a rational agreement on the rent to be paid and maybe get what you deserve.

Negotiate for Better Terms

Negotiations require good research to be able to deal with the counterpart in the best manner. This can be done by using the RERA rent calculator or by have knowledge on the average market price of similar properties.

Do not rush into renting in a location, make sure that you complete your market research before making a decision. This single piece of advice should be searched on Property Finder if one wants to rent in Dubai like an expert. One can search for similar houses that can be bought or let out which are in the same category. This will help to allow you examine the current expectation of the landlord as you seek to negotiate the rent.

Further, look for opportunities with inclusive amenities such as washing facilities, having a car slot number, and free WLAN. That tenant can end up paying less rent than any other tenant within the given month. It is also possible to negotiate with the owners on being responsible for day-to-day chores around the house.

Know Your Rights

Understanding some of the rights when looking for a tenancy agreement in Dubai is among the best strategies of managing and financial budgeting. These are some of the renters’ and the landlords’ rights whereby the Real Estate Regulatory Agency or RERA regulates for the renters and landlords.

Certain rules depend on such aspects as the necessary and non-necessary repair and replacement, the possibility of eviction by the landlord, and the right of the landlord to raise the rent. You can adhere to Dubai’s tenancy regulations and bear the following in mind: There are some guidelines or measures that you can follow about the tenancy laws in Dubai which include the following:

• You have to make sure that you recover your security deposit before the expiry of the contract.
• As stated before the actions talked about herein are implemented, and the following actors are likely to be involved in Doing the following:
• Just ensure that you do not leave the house in such a state that will require more to bring it to a “rehabilitative” state that can be occupied.
• Using this RERA Rental Increase Calculator make sure that the increase you want to put in is compliant with the law before implementing it.

Learn DIY Home Maintenance

Although major remodeling will be the cost of the property owner, the tenants will be charged minor repairs which are considered to be recurring. It is useful to have some basic repair skills for ordinary problems in a home.

Instead of always calling a handyman for simple things that you can do, learn how to handle basic maintenance and repair issues including tightening loose cabinet knobs, changing light bulbs or repairing leaky faucets amongst others.

Room Sharing

Living with a partner can be one of the best ways of making sure that your expenses on accommodation are reduced significantly. Young professionals can acquire cheap accommodation in an ideal neighborhood.

A problem associated with this cost control mechanism is that it is bound by various parameters for example, cohabitation laws in the United Arab Emirates.

Explore Areas with Low Rentals

If you don’t mind being a little far from downtown, then you can consider moving to one of the outskirts of the city. Some of the example of affordable communities include Furjan, Bur Dubai, Al-Nahda, and Deira. You can also find the cheapest one-bedroom flats that are available in the location by searching cheapest one-bedroom apartments for rent in Dubai.